Friday April 25, 2014 Search
Weather | Athens
22o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Athens mayor presents progress report

Athens Mayor Giorgos Kaminis said that cost-cutting measures and good housekeeping turned the municipality's deficit of 47 million euros in January 2011 into a surplus in 2013, despite the City facing a 25 percent reduction in state funding.

The former ombudsman was speaking at an extraordinary meeting of the municipal council in central Athens on Monday evening, where he presented a report on the achievements made under his tenure, which began in November 2010.

He said that when he took over from his predecessor, Nikitas Kaklamanis, the municipality had run up a deficit of 47 million euros, debts to suppliers of 48 million euros and debts to banks of 219 million euros.

By January 2013, Kaminis said, the debt had been turned into a surplus of 12.5 million euros, debts to suppliers were more than halved to 22 million euros and loans were being regularly serviced.

He also presented data showing a reduction in the amount of rent the municipality pays to house its services of 30 percent and in overtime payments of 52 percent.

Kaminis was also upbeat about the social services the municipality provides to crisis-hit residents, saying that it distributes 1,300 school meals and serves 1,400 meals at its soup kitchens a day.

His presentation, however, was not met without criticism, especially by Kaklamanis, who expressed skepticism regarding the municipality's financial management.

ekathimerini.com , Tuesday February 11, 2014 (10:03)  
Work at new Athens cultural center gathering pace
Greece makes request for debt relief as loan tranche approved
New court to deal with major crime, graft cases
More than 20,000 protests since 2010 bailout
Ellaktor lands major Doha metro project
Ellaktor subsidiary Aktor has secured the biggest construction project ever obtained by a Greek company abroad by signing the contract for the study and construction of the Gold Line Undergr...
World seeks produce from Greece
Honey from Greece is considered a worthy wedding present in Japan. Elsewhere in Asia, gifts of Greek melons are wrapped up in packaging normally associated with jewelry. This countrys fish ...
Inside Business
SOCCER
4,000 officers to police Greek Cup final
Police says it will ban mass gatherings in central Athens amid heavy security measures planned for Saturday's Greek Cup final between Panathinaikos and PAOK at the Olympic Stadium. More than...
BASKETBALL
Never underestimate the Greek hoopsters
Olympiakos and Panathinaikos, who between them have won the last three European crowns, won again at home on Wednesday to take their Euroleague play-off series with Real Madrid and CSKA Mosc...
Inside Sports
COMMENTARY
At the mercy of fools
The death of a young man at an Easter lunch in a village near Rethymno on Crete and the very serious injury of an American guest at a Resurrection ceremony on Santorini must not be forgotten...
COMMENTARY
Putting the party above the country
The case of Sabiha Suleiman, the Roma activist whose candidacy for the European Parliament was announced by SYRIZA only to be withdrawn shortly afterward, is an illustration of the leftist o...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Ellaktor lands major Doha metro project
2. World seeks produce from Greece
3. Eurobank opens book for capital increase
4. Govt presents its growth model for the coming years
5. Work at new Athens cultural center gathering pace
6. Greece makes request for debt relief as loan tranche approved
more news
Today
This Week
1. Ellaktor lands major Doha metro project
2. Putting the party above the country
3. Three missing from cargo ship that went down off Crete
4. Central Athens cleanup a sign of Greece's turnaround
5. Strong card in debt talks
6. Samaras meeting with Dimon key to Greek return to bond markets
Today
This Week
1. Greece startup leaders say they cant break jobless cycle alone
2. Ground-breaking Good Friday mass signals thaw in Cyprus
3. Mayoral candidates clash over Athens mosque plans
4. Putting the party above the country
5. Government looks to kick on
6. Greece offers to help find Turkish F-16 lost in 1996
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.